Petronas f1 team

The team made a bigger loss despite upping its turnover from sponsorship and prize money by over £ 32m, with the numbers reflecting an overall increase in costs in the first year of the new regulations. Following a reorganisation, the team now operates under the banner of AMR GP Limited, which is a subsidiary of AMR GP Holdings Limited, although the headline numbers across the two entities are in effect the same. Figures released to the public domain this week show that AMR GP generated turnover in 2022 of £ 188,728,000, up from £ 150,438,000 in 2021. The overall cost of sales, a measure of what the team actually spent to go racing, rose to £ 152,046,00 from £ 107,735,000. With administrative expenses and other income such as government grants taken into account, that resulted in a loss for 2022 of £ 52,915,000, compared with £ 43,332,000 in 2021. Overall staff costs for the group were listed as £ 54,983,000, an increase of around 10% on the previous year. … [Read more...] about Aston Martin posts £53m loss for 2022 F1 season

Adrian Newey referred back to a key early lesson from his Fittipaldi Automotive days to rid Red Bull of their bouncing issues with the very first upgrade. The new regulations for 2022 marked a huge shift in the challengers gracing the grid as Formula 1 returned to ground effect aerodynamics, an era which has been aced so far by Red Bull with Newey at the helm of the design team. The RB18 already set an incredible standard with 17 grand prix wins out of 22, a level of dominance only taken to new heights in F1 2023 with the RB19, Red Bull having accounted for 15 of the 16 victories so far this season. Adrian Newey set Red Bull course with swift porpoising fix A key sticking point for several teams at the start of this new regulatory era was a bouncing phenomenon known as porpoising, a characteristic which held Mercedes back in particular with their W13 through the first half of the 2022 campaign. For Newey and Red Bull though, only one upgrade was needed for the opening race … [Read more...] about How Adrian Newey’s incredible F1 mind fixed Red Bull’s porpoising issues

Sky F1 reporter Craig Slater believes Lando Norris, Formula 1’s equivalent in the transfer market to Jude Bellingham, could be of interest for Audi as they prepare to join the grid in 2026. Norris is contracted to his current team McLaren until the end of 2025, meaning his current deal will expire before the new generation of challengers and power units come into force for the following season, when a motorsport powerhouse will also join the fray. Audi have struck a deal with Sauber which will see the team transformed into the Audi works squad, running their power unit, from 2026, leading to plenty of speculation already over which drivers will form that first Audi line-up. Lando Norris a future Audi driver? Slater claimed that if Norris were a footballer, then he would be in the “100 million category”, likening him to Bellingham who recently signed for Real Madrid from Borussia Dortmund for a fee in that region plus add-ons. Norris would command a fee should any team look … [Read more...] about ‘Jude Bellingham of the F1 transfer market’ teased as potential Audi target

Nyck de Vries’ exit from Formula 1 was watched by those around him with anguish. His childhood dream, which he spent his career working towards, ended far more quickly than he must have expected after starting what was supposed to be his first full season. Advert | Become a Supporter & go ad-free Red Bull made the tough decision to replace him after less than half a season, placing Daniel Ricciardo at AlphaTauri before the Hungarian Grand Prix. On paper it made sense: Despite his team mate Yuki Tsunoda having just two points on the board at the time, De Vries was yet to get off the mark and had made some costly errors on-track. The axe fell after three tough races finishing near the back in Canada, Austria and Great Britain. Losing his seat before the halfway mark in the championship, shortly before his home race, seemed particularly tough even for the cutthroat world of Formula 1. Lewis Hamilton , Charles Leclerc, Yuki Tsunoda and Alex Albon all spoke out … [Read more...] about De Vries ready to fight for Formula E titles again after “hurt” of losing F1 drive

ESPN commentator Fernando Tornello believes too much has been made of the recent controversy regarding Helmut Marko’s comments on Sergio Perez. Red Bull’s advisor Marko has never been someone known to keep his words soft or sweet, as Perez had found out already at times during what has been a challenging F1 2023 campaign, though it was ahead of the Singapore Grand Prix where Marko truly caused a stir. Marko would receive a written warning and reminder of his responsibilities from the FIA following comments linking Perez’s inconsistent performances against Max Verstappen to his ethnicity. Helmut Marko tries to motivate, not insult, Sergio Perez Marko did issue an apology both publicly and in private to Perez for the remarks, which Mercedes’ Lewis Hamilton branded “totally unacceptable”, though Tornello believes the situation was rather blown out of proportion. “You’re making too much trouble over what he says,” Tornello told Esto . “He’s simply a provocateur. What he … [Read more...] about F1 commentator defends Helmut Marko: Take Sergio Perez comments ‘with a smile’

Ex-F1 racer and current Toyota Gazoo Racing Europe vice chairman Kazuki Nakajima said it is a “clear no” currently to the manufacturer returning to Formula 1, but that could change. Toyota joined the world of Formula 1 back in 2002, and while they made 13 visits to the podium throughout their tenure, the team was never able to claim a grand prix victory. Come the end of the 2009 campaign, Toyota would bow out of Formula 1 as a constructor and engine manufacturer and have not appeared in the series since. Toyota cold stance on Formula 1 return could change During the Japanese Grand Prix race weekend, home soil for Toyota, McLaren announced the signing of Toyota endurance racer Ryō Hirakawa as their reserve driver for F1 2024, paving the way for rumours to bubble up again over potential Toyota interest in a return to F1, considering this signing came as a rather left-field one. And while former Williams driver Nakajima said this is definitely not on the cards for now, he did … [Read more...] about Toyota give ‘clear’ response to questions over future F1 return

Nyck de Vries’ sacking just 10 races into his first full season as a grand prix driver is typical of Formula 1 in general and Red Bull in particular, according to several drivers. Advert | Become a Supporter & go ad-free “That’s how Red Bull do it,” said Lewis Hamilton when asked about the team’s decision to cut de Vries from its junior team AlphaTauri before the halfway mark in the season. Asked whether the decision reflected how F1 works, Hamilton replied: “I’d say that’s how Red Bull works.” The team has some form in making dramatic driver announcements, such as when it promoted Max Verstappen to Red Bull in place of Daniil Kvyat four races into the 2016 season. De Vries’ place has been taken by Daniel Ricciardo, who hopes to use the opportunity to gain a return to Red Bull. Valtteri Bottas . “They obviously follow their view what is the best. “Obviously it’s really a shame for Nyck it was quite a short rookie season unfortunately. But also then it’s … [Read more...] about ‘Cutthroat.’ ‘Brutal.’ ‘That’s how Red Bull works’: F1 drivers on de Vries’ sacking

Charles Leclerc is not convinced the new rules Formula 1 will trial this weekend are right for the sport. Advert | Become a Supporter & go ad-free The series will trial its ‘Alternative Tyre Allocation’ for the first time this weekend. The regulations were originally called the ‘Revised Qualifying Format’ because they limit which tyres drivers may use in each stage of qualifying. Ordinarily drivers have free choice of tyres in qualifying sessions and tend to pick the softest rubber. This means they get through several sets of tyres over the course of Q1, Q2 and Q3. This weekend drivers will be given fewer sets of the soft tyres and the rules state they may not use them in Q1 or Q2. Drivers must run on hard tyres in Q1 and the medium compound in Q2. However Leclerc is concerned about the effect that may have on the rest of the weekend. “It’s going to be very tricky because also the free practice preparations are quite a lot mixed,” he said. “I feel like we are … [Read more...] about Added “jeopardy” of new qualifying rule is not right for F1 – Leclerc

Dangerous heatwaves are blasting large areas of Europe this week bringing temperatures in the high 40s. But the Hungarian Grand Prix will be spared those brutal highs. Advert | Become a Supporter & go ad-free F1 could instead see another rain-affected event. If so, that may complicate F1’s planned test of its new ‘Alternative Tyre Allocation’ rules. The strongest chance of drivers facing a wet track is on Friday, with thundery showers expected at the Hungaroring in the afternoon and at the end of the day. With an 80% chance of rain in the afternoon, both first and second practice could be affected. On Saturday the threat of rain will drop to just 20%, which may come as a relief to drivers after a string of rain-affected qualifying sessions. Qualifying in Spain began on a wet track and Canada saw another soggy session. More rain complicated matters in Austria and qualifying started wet and finished dry last time out at Silverstone . That means the F1 has had … [Read more...] about F1 will be spared European heatwave but may get more rain in Hungary